SGX Dividend Stocks: Hour Glass and 2 Others to Boost Your Portfolio

The Hour Glass Limited (SGX:AGS), a leading retailer of luxury watches and jewelry, has been a popular choice among dividend investors due to its consistent payouts. However, its volatile dividend history has raised concerns about its sustainability. In this article, we will analyze The Hour Glass Limited's dividend payout ratio, earnings, and cash flows, and compare its dividend yield with other SGX-listed dividend stocks. Additionally, we will discuss recent board changes and their implications for investors.


The Hour Glass Limited's dividend payout ratio has fluctuated over the past decade, with payments experiencing significant drops. Despite this volatility, the company's dividends are well-covered by earnings (33.5% payout ratio) and cash flows (46.2% cash payout ratio), indicating sustainability. A recent approval of a 6-cent dividend per share highlights ongoing shareholder returns. However, investors should be aware of the company's history of dividend volatility.


The Hour Glass Limited's earnings and cash flows have supported its dividend payments, with a strong track record of profitability. The company generates revenue of SGD1.13 billion from its activities in retailing and distributing watches, jewelry, and luxury products across various regions. However, investors should monitor the company's financial performance and any potential risks that may impact its dividend sustainability.

The Hour Glass Limited's dividend yield of 4.8% is competitive with other SGX-listed dividend stocks. However, its volatile dividend history may make it less attractive to some investors. Factors such as regional economic conditions and luxury goods demand can influence the company's performance and dividend payouts.


Recent board changes at The Hour Glass Limited may impact its dividend policy and overall governance. Investors should monitor any changes in the company's board composition and their potential implications for the company's dividend policy and shareholder value.

In conclusion, The Hour Glass Limited offers a competitive dividend yield and a strong track record of profitability. However, investors should be aware of the company's history of dividend volatility and monitor its financial performance and any potential risks that may impact its dividend sustainability. Additionally, investors should consider the company's dividend yield in the context of other SGX-listed dividend stocks and regional economic conditions.